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5 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSX12845686
MLSIDContact Us
Property Description
Fantastic investment opportunity in the heart of London - All brick Duplex is currently being used as a Triplex - Annual income of +$60,000 delivering a +10% CAP RATE! The upper unit features 3 bedrooms and 1 bath, rented at $1,800/month to month plus hydro. The main floor 2-bedroom, 1-bath was rented for $1,750/month inclusive, currently vacant. The lower level offers a 2-bedroom, 1-bath unit currently rented at $1,550/month, inclusive month-to-month. A great choice for first-time investors or those looking to expand their portfolio, don't miss out! Each unit has its own private entrance and in-suite laundry, plus there are two hydro meters, one furnace, ample rear parking, and a tankless water heater for added energy efficiency. Please note: listing photos were taken when units were vacant.
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Property Features
In-Law Capability, In-Law Suite, Separate Hydro Meter, Private
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Property Details
Address
302 Egerton Street
Community
City
Postal Code
N5Z 2G7
Property Type
Duplex, Duplex
Zoning
R2-2
Lot Size
33' x 100'
Taxes
$2,180 (2025
Basement
Apartment, Full
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Century 21 First Canadian Corp
1.5-storey duplex much bigger than it looks with very high income potential, Located minutes from Fanshawe College, the Kellogg's Complex, and downtown, this home offers a rare combination of space and versatility, with huge income potential with 5 bedrooms at an affordable price. 2nd kitchen in the lower level with separate entrance. 3 Full bathrooms. Lower has a new tenant starting July 1st at $1,200 per month plus utility. Main unit was previously rented for $2,000 monthly. Upgrades include a 200-amp electrical panel, a high-efficiency furnace (2018), and a central A/C unit (2021) Easy to show! No sign on property.
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Experience the perfect combination of space, versatility, and income potential in this substantial 6-bedroom, 2-bathroom home, currently arranged as 2 separate units. Whether you are an investor, accommodating extended family, or searching for a property with built-in revenue, this home offers exceptional flexibility. The main floor unit features 4 spacious bedrooms, including 2 with walk-in closets, a huge primary bedroom, soaring 9-foot ceilings, and beautiful original mouldings that add timeless character. A refreshed kitchen and bathroom, along with new flooring and fresh paint throughout, make the main level both stylish and move-in ready. Upstairs, the second-floor unit includes 2 additional bedrooms, a comfortable den, second kitchen, and a full bathroom. The current arrangement provides excellent income from dependable roommates, while the owner enjoys comfortable living on the main floor. All roommates are in place under month-to-month roommate agreements. Step outside to a new fully fenced backyard, offering privacy as well as a safe and secure area for children or pets. The spacious deck creates the perfect setting for outdoor dining, summer barbecues, and entertaining guests. Additional features include a new Lennox furnace and central air system (2022), separate hydro and water meters, and multiple entrances. Combined with the flexible layout, these features create strong potential for a future duplex or triplex conversion, adding even more value and income opportunity. Whether you are looking for a property that can help offset your living expenses or a smart addition to your investment portfolio, this home offers outstanding potential.
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Two-unit income property steps from the heart of downtown London, with an unbeatable price. The main floor holds a 2-bedroom unit and the upper level a 3-bedroom unit, each with separate hydro meters. The main floor living room is a generous space anchored by a character stained glass window. The full basement adds substantial storage accessible to both units.Out back, a 15' x 20' workshop is ready for maintenance, storage, or whatever your plans call for. Some TLC is required, which means real room to add value and move rents upward as you update.Location makes a strong case for the numbers. Piccadilly sits within easy reach of Richmond Row, grocery, green space, and multiple bus routes. Western University is nearby, which keeps rental demand steady across student, professional, and long-term tenant profiles.Five bedrooms across two units. Separate metering. A workshop. Downtown walkability. Property sold as-is where-is with no representations or warranties
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Well-maintained duplex located in desirable East London, offering a fantastic opportunity for both investors and owner-occupiers. Situated on a 40' x 140' lot, this property features two self-contained units: a spacious 3-bedroom, 1-bathroom main floor unit and a 2-bedroom, 1-bathroom upper unit. The main floor is currently tenanted at $2,047.95/month plus electricity, while the upper unit is vacant-ideal for setting your own rent or owner occupancy. Each unit is separately metered for electricity, with tenants responsible for their own hydro. The landlord covers gas and water expenses. The home is equipped with a hot water radiator heating system, one owned tankless water heater, and one rented water heater. Additional highlights include on-site parking for up to four vehicles and a large backyard storage shed (2021). Property taxes are $4,057 (2025). Conveniently located just minutes from the Western Fair District, BMO Centre, 100 Kellogg Lane, Old East Village, and downtown, this property offers strong rental potential in a vibrant and growing area.
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Licensed Duplex with separate Utilities Perfect for First Time Buyers , with income to help with the mortgage .3 Bedroom 1 Bathing front and 1 Bedroom 1 Bath in rear Close Parkwood and Victoria hospital . Perfect way to Start your Portfolio . Live in the upper unit and rent the lower unit or use as an Airbnb. Let the income pay your Mortgage. Name your own Rent, will be totally vacant .
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